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      • Lontar Papyrus Pulp & Paper Industry

        Press Release

         
        With the full repayment of Obligasi Berkelanjutan I Lontar Papyrus Pulp & Paper Industry Tahap III Tahun 2022 Seri A issued by PT Lontar Papyrus Pulp & Paper Industry on September 11, 2023, PEFINDO has withdrawn the rating of the debt instrument 11 Sep, 2023
        PEFINDO has affirmed its “idA(sy)” rating to PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Sukuk Mudharabah Year 2018 Series B of IDR2 trillion due on October 10, 2023 10 Aug, 2023
        PEFINDO has affirmed its “idA” rating to PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Shelf Registered Bond I/2022 Phase III Serie A of IDR281.89 billion due on September 11, 2023. 13 Jul, 2023
        PEFINDO has assigned its idA rating to PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Shelf Registered (SR) Bond II Year 2023 with maximum amount of IDR7 trillion 04 Jul, 2023
        With the full repayment of Obligasi Berkelanjutan I Lontar Papyrus Pulp & Paper Industry Tahap II Tahun 2022 Seri A on May 2, 2023, PEFINDO has withdrawn the rating of the debt instrument 02 May, 2023
        PEFINDO has affirmed its “idA” ratings to PT Lontar Papyrus Pulp & Paper Industry (LPPI) and its Shelf Registered Bond I Year 2021, as well as its “idA(sy)” rating for Sukuk Mudharabah I Year 2018. 30 Mar, 2023
        PEFINDO has affirmed its “idA” rating to PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Shelf Registered Bond I/2022 Phase II Serie A of IDR519.03 billion 24 Feb, 2023
        PEFINDO has withdrawn the rating of Obligasi Berkelanjutan I Lontar Papyrus Pulp & Paper Industry Tahap I Tahun 2021 Seri A based on the full repayment of the debt instrument 06 Feb, 2023
        PEFINDO has affirmed its “idA” ratings to PT Lontar Papyrus Pulp & Paper Industry (LPPI) and its Shelf Registered Bond I Year 2021, as well as its “idA(sy)” rating for Sukuk Mudharabah I Year 2018 12 Jan, 2023
        PEFINDO has affirmed its “idA” ratings to PT Lontar Papyrus Pulp & Paper Industry (LPPI) and its Shelf Registered Bond I Year 2021, as well as its “idA(sy)” rating for Sukuk Mudharabah I Year 2018 09 Sep, 2022
        PT Lontar Papyrus Pulp & Paper Industry’s proposed Shelf Registered Bond rated “idA” 21 Jan, 2022
        PT Lontar Papyrus Pulp & Paper Industry rated “idA” with stable outlook 24 Sep, 2021
        PT Lontar Papyrus Pulp & Paper Industry maturing sukuk rated “idA(sy)” 12 Aug, 2021
        PT Lontar Papyrus Pulp & Paper Industry rated “idA” with stable outlook 13 Jul, 2021
        PT Lontar Papyrus Pulp & Paper Industry’s maturing MTN rated “idA” 24 Aug, 2020
        PEFINDO lowers PT Lontar Papyrus Pulp & Paper Industry’s rating to “idA”, and outlook revised to “stable” 06 Jul, 2020
        PEFINDO affirms “idA+” rating to PT Lontar Papyrus Pulp & Paper Industry’s maturing MTN 22 Oct, 2019
        PEFINDO affirms “idA+” ratings of PT Lontar Papyrus Pulp & Paper Industry and its MTN, “idA+(sy)” rating of Sukuk, but outlook revised to “negative” 12 Jul, 2019
        PEFINDO raises rating of PT Lontar Papyrus Pulp and Paper Industry to “idA+”, outlook “stable” 18 Sep, 2018

        Rating Rationale

         
        PEFINDO has assigned its idA rating to PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Shelf Registered (SR) Bond II Year 2023 with maximum amount of IDR7 trillion 04 Jul, 2023
        PEFINDO has affirmed its “idA” ratings to PT Lontar Papyrus Pulp & Paper Industry (LPPI) and its Shelf Registered Bond I Year 2021, as well as its “idA(sy)” rating for Sukuk Mudharabah I Year 2018 26 Apr, 2023
        PEFINDO has affirmed its “idA” ratings to PT Lontar Papyrus Pulp & Paper Industry (LPPI) and its Shelf Registered (SR) Bond I Year 2021, as well as its “idA(sy)” rating for Sukuk Mudharabah I Year 2018 09 Feb, 2023
        PEFINDO has affirmed its “idA” ratings to PT Lontar Papyrus Pulp & Paper Industry (LPPI) and its Shelf Registered Bond I Year 2021, as well as its “idA(sy)” rating for Sukuk Mudharabah I Year 2018 07 Oct, 2022
        PT Lontar Papyrus Pulp & Paper Industry’s proposed Shelf Registered Bond rated “idA” 28 Jan, 2022
        PT Lontar Papyrus Pulp & Paper Industry rated “idA” with stable outlook 15 Oct, 2021
        PT Lontar Papyrus Pulp & Paper Industry rated “idA” with stable outlook 03 Aug, 2021
        PEFINDO lowers PT Lontar Papyrus Pulp & Paper Industry’s rating to “idA”, and outlook revised to “stable” 16 Jul, 2020
        PEFINDO affirms “idA+” ratings of PT Lontar Papyrus Pulp & Paper Industry and its MTN, “idA+(sy)” rating of Sukuk, but outlook revised to “negative” 31 Jul, 2019
        PEFINDO raises rating of PT Lontar Papyrus Pulp and Paper Industry to “idA+”, outlook “stable” 18 Sep, 2018
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